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Jul 30, 2011
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and still you like the boehner -- the boehner bill coming over here is going to be dead in the water coming over here. >> senator reid said he will bring it up immediately and they have the votes to kill it immediately. unfortunately, his bill does not have the kind of substance it in it in real terms. his will probably die in the senate as well. even though the votes will probably take them down the substance and content of them can easily be pieces of a deal coming together and i'm hopeful that we will be able to put that together in terms of getting a big deal that will help us take major steps. >> greta: when do we get the big deal that is going to correct everything in the government? >> i wish i could tell you it was last night or tonight but obviously has to be within the next couple of days. i believe there is a good chance because we simply can't get to a point where we go to a potential government shutdown or the threat of causing us to lose our triple-a rating simply because we would not deal with our debt ceiling. >> greta: you raise triple a rating and the two area for t
and still you like the boehner -- the boehner bill coming over here is going to be dead in the water coming over here. >> senator reid said he will bring it up immediately and they have the votes to kill it immediately. unfortunately, his bill does not have the kind of substance it in it in real terms. his will probably die in the senate as well. even though the votes will probably take them down the substance and content of them can easily be pieces of a deal coming together and i'm...
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Jul 30, 2011
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he told them to hold back until boehner had his chance. hold back until the boehner bill came to the floor. that's all history now. the american people want us to move forward. they want us to come up with a bipartisan approach that doesn't have us relive this scene that we've seen for the past week over and over and over and over again, like the old groundhog day movie. we want to get this done in a way so we can say the economy is going to move forward with a certainty that we'll have a debt ceiling extension and we are not going to jeopardize it with the problem of self-imposed political problems and wounds that can be avoided. it's a shame. we waited all day, this morning, senator reid went up to senator mcconnell on floort and said let's talk. let's work this out. nothing, nothing all day long. not all day long. and later at the end of the day, a call from senator mcconnell who said i'm not going to negotiate with up that's unfortunate. the american people deserve better. and let me say one last thing. if senator mcconnell would give
he told them to hold back until boehner had his chance. hold back until the boehner bill came to the floor. that's all history now. the american people want us to move forward. they want us to come up with a bipartisan approach that doesn't have us relive this scene that we've seen for the past week over and over and over and over again, like the old groundhog day movie. we want to get this done in a way so we can say the economy is going to move forward with a certainty that we'll have a debt...
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Jul 30, 2011
07/11
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bill is i wanted to make this point on the boehner bill. when we call something a cut of $900 billion, just because the c.b.o. says we're going to spend $900 billion less than what we were planning to spend but still $832 billion more than that we are spending now, that's not a cut anywhere except in washington. and we ought to admit it. if that's the best we can do, the american people need to know that's the best we can do. but we can't play the games anymore. i have another colleague, i think, that would thraoeubg speak, and with the -- like to speak and with the remaining time i would yield. is the senator from alaska interested in speaking? ms. murkowski: i thank the senator from oklahoma. it was my understanding that we were bumping up against the vote here at 5:30. is that correct, mr. president? the presiding officer: the republicans have 3 minutes and 15 seconds remaining. ms. murkowski: mr. president, i had hoped to be able to speak at greater length than three minutes this afternoon. the message that senator coburn has been deliv
bill is i wanted to make this point on the boehner bill. when we call something a cut of $900 billion, just because the c.b.o. says we're going to spend $900 billion less than what we were planning to spend but still $832 billion more than that we are spending now, that's not a cut anywhere except in washington. and we ought to admit it. if that's the best we can do, the american people need to know that's the best we can do. but we can't play the games anymore. i have another colleague, i...
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Jul 26, 2011
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he's allowing speaker boehner to go first. boehner's people and the leadership in the house are trying to rally to make sure they've got 218 votes. it is not clear they would have enough in terms of republicans. they are trying to peel off democrats. they are scrambling to see if they have the votes. the boehner plan will come up for a vote sometime tomorrow. we'll see if it goes on to the senate whether it picks up some support there. >> neil: mike emanuel, in the nation's capital. >> down but not down and out. some calling it more of a distraction one that builds up a head did steam of losses today. -- the story of the day was gold advancing another record today. $1616.60 an ounce. >> my next guest is not a fan of the boehner or reid plan. kentucky republican senator rand paul joining us. it is being said now neither plan suits your fancy. do you have a lesser of evils? >> thing is that, both plans will add somewhere between 7 to 8 trillion over 10 years. the real disservice to the american people is they need to be honest a
he's allowing speaker boehner to go first. boehner's people and the leadership in the house are trying to rally to make sure they've got 218 votes. it is not clear they would have enough in terms of republicans. they are trying to peel off democrats. they are scrambling to see if they have the votes. the boehner plan will come up for a vote sometime tomorrow. we'll see if it goes on to the senate whether it picks up some support there. >> neil: mike emanuel, in the nation's capital....
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Jul 26, 2011
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speaker boehner does not do that. his numbers are far more accurate and honest and realistic, really the only way to properly account for them. another thing i would just point out is when you talk about spending and how you account for it, you have to know what the baseline is. one reason this country is broke and is in financial crisis is because we claim we're cutting spending when we're increasing spending. the way it works is, the congressional budget office produces an assumption that we will increase spend at the rate of inflation or some other rate over a period of years. and then if you reduce that rate of increase a little bit, politicians claim they've made savings, they've cut spending. but spending is not cutting. spending is still going up. and there are various baselines out there about how to calculate this and it's very significant over ten and even more so over 20 years. so you hear people saying we're cutting spending. under this plan that they're going to cut -- speaker boehner or senator reid, eit
speaker boehner does not do that. his numbers are far more accurate and honest and realistic, really the only way to properly account for them. another thing i would just point out is when you talk about spending and how you account for it, you have to know what the baseline is. one reason this country is broke and is in financial crisis is because we claim we're cutting spending when we're increasing spending. the way it works is, the congressional budget office produces an assumption that we...
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Jul 26, 2011
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because speaker boehner said that. speaker boehner's proposal is not going to pass in the senate. the president was looking over the who arely n -- horizon to thursday or friday. and all of these people are going to be back at the table by weekend. >> greta: the thing is that i always have issue with the president in the proposal. the democrats talk about this speech. but they have the cvo saying we don't score seats. and they don't. >> greta: i understand that. i'm saying the president has not looked like he was in charge and sort of, bringing the sides together and being a leader. >> either side could go ate lone and look what happened to it, all right? i'm not defending this, just explaining it. this is what they say. they decided to do health care reform on their own them tried to drag their party along and did it with all democratic votes. look what happened. they lost seats in the house, now, the presidency, there is so much political capital. it's smart politics. he doesn't want to jump in without holding hands. >> greta: it's hard to believe this is an option. >> which is
because speaker boehner said that. speaker boehner's proposal is not going to pass in the senate. the president was looking over the who arely n -- horizon to thursday or friday. and all of these people are going to be back at the table by weekend. >> greta: the thing is that i always have issue with the president in the proposal. the democrats talk about this speech. but they have the cvo saying we don't score seats. and they don't. >> greta: i understand that. i'm saying the...
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Jul 26, 2011
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speaker boehner has a proposal. and the president is -- apparently he likes senator reid's proposal. are we going to get either one? >> we'll foe by next saturday. i hope the two sides don't dig themselves in so solidly that you continue to have this republican-democrat confrontation. sometime within the next eight days or social we'll have to have republicans and democrats get together on something. >> greta: it seems a lot of this is ideology. so the democrats any if they give up on raising tabs they are unprincipled or backing off. and the republicans think if taxes go up they in some ways unprincipled. that's the problem. it is -- when it is ideology that divides them, how do you get them to compromise or come together? >> i've been in a lot of negotiations. frequently the way to a result is to say we can do as much as everybody would like. let's see if we can do this one bite at a time. we can agree on a. okay let's take that bite now chew it and swallow, digest it. and then the next bite and the next bite. pre
speaker boehner has a proposal. and the president is -- apparently he likes senator reid's proposal. are we going to get either one? >> we'll foe by next saturday. i hope the two sides don't dig themselves in so solidly that you continue to have this republican-democrat confrontation. sometime within the next eight days or social we'll have to have republicans and democrats get together on something. >> greta: it seems a lot of this is ideology. so the democrats any if they give up...
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Jul 28, 2011
07/11
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>> look, we've made clear how we feel about the boehner bill, the speaker boehner bill, because it is incredibly bad for the economy to have this kind of circus go on in washington with folks saying that we're going to force default, we will not let the united states pay its bills unless you do what we want. unless you enact spending cuts that were rejected already, that are more draconian than in the ryan bill, that would do significant damage to social security and medicare, force incredible cuts in education and clean energy programs, all these sorts of things, all these things that nobody -- nothing close to a majority supported and certainly not in the country. otherwise we'll just, you know, default. that's -- that's not a mechanism that is good for us, good for the economy, good for the american people, so that's what we oppose. beyond that, there are a lot of ways to get to compromise here, and that is what the american people i think really want us to do is to compromise, not stick it to anybody. not score political victories and see who can be blamed for the economic damage
>> look, we've made clear how we feel about the boehner bill, the speaker boehner bill, because it is incredibly bad for the economy to have this kind of circus go on in washington with folks saying that we're going to force default, we will not let the united states pay its bills unless you do what we want. unless you enact spending cuts that were rejected already, that are more draconian than in the ryan bill, that would do significant damage to social security and medicare, force...
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Jul 26, 2011
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because speaker boehner said that. speaker boehner's proposal is not going to pass in the senate. the president was looking over the who arely n -- horizon to thursday or friday. and all of these people are going to be back at the table by weekend. >> greta: the thing is that i always have issue with the president in the proposal. the democrats talk about this speech. but they have the cvo saying we don't score seats. and they don't. >> greta: i understand that. i'm saying the president has not looked like he was in charge and sort of, bringing the sides together and being a leader. >> either side could go ate lone and look what happened to it, all right? i'm not defending this, just explaining it. this is what they say. they decided to do health care reform on their own them tried to drag their party along and did it with all democratic votes. look what happened. they lost seats in the house, now, the presidency, there is so much political capital. it's smart politics. he doesn't want to jump in without holding hands. >> greta: it's hard to believe this is an option. >> which is
because speaker boehner said that. speaker boehner's proposal is not going to pass in the senate. the president was looking over the who arely n -- horizon to thursday or friday. and all of these people are going to be back at the table by weekend. >> greta: the thing is that i always have issue with the president in the proposal. the democrats talk about this speech. but they have the cvo saying we don't score seats. and they don't. >> greta: i understand that. i'm saying the...
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Jul 24, 2011
07/11
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daley, the republican speaker john boehner now seems to be thinking of a two-part plan here. first, congress would agree to cut spending over the next ten years by a trillion dollars and raise the debt limit enough to meet the country's financial obligations through the end of the year. then, a 12-person bipartisan committee would be formed to find $3 trillion more in savings and making significant cuts in medicare and social security and overhauling the tax code. congress would then take another vote to raise the debt limit before the 2012 elections. democrats and the white house have already said there will be no short-term increase. you said that yourself. but speaker boehner just now appeared on fox news sunday and said it had to be two stages. here's what he said. >> there is going to be a two- stage process. it's not physically possible to do all of this in one step. having said that... chris, i know the president's worried about his next election. my god, shouldn't we be worried about the country? >> schieffer: there you are, mr. daily. your turn. >> i think the two-st
daley, the republican speaker john boehner now seems to be thinking of a two-part plan here. first, congress would agree to cut spending over the next ten years by a trillion dollars and raise the debt limit enough to meet the country's financial obligations through the end of the year. then, a 12-person bipartisan committee would be formed to find $3 trillion more in savings and making significant cuts in medicare and social security and overhauling the tax code. congress would then take...
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Jul 29, 2011
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it wasn't boehner, boehner had $800 billion in revenue increases. it was harry reid because harry reid, you see his plan? no tax increase. he wants to save, he has 23 seats, most democrats, and he does not want them run on tax increases so all the talk, patting ourselves on the back, it was reid who told obama "no" on taxes. >>neil: you can be nicer on your show but always a pleasure, thank you, buddy. unions have been getting in the act, too, blaming republicans and particularly one very important republican for holding this up. the union is not talking but the senator certainly is. turn left. you have arrived. sweet belt. e-reader for textbooks. gps. video camera for lectures. game pad. have you considered this ? it's got all tha and more than 200,000 apps. technology to learn and play on-the-go. only at verizon. android powered. playstation certified. the xperia play by sony ericsson. only $99.99. diabetes testing? what else is new? you get the blood, hope it's enough, it's-- what's this? freestyle lite® blood glucose test strip. sure, i'll try
it wasn't boehner, boehner had $800 billion in revenue increases. it was harry reid because harry reid, you see his plan? no tax increase. he wants to save, he has 23 seats, most democrats, and he does not want them run on tax increases so all the talk, patting ourselves on the back, it was reid who told obama "no" on taxes. >>neil: you can be nicer on your show but always a pleasure, thank you, buddy. unions have been getting in the act, too, blaming republicans and...
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Jul 26, 2011
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speaker boehner has a proposal. and the president is -- apparently he likes senator reid's proposal. are we going to get either one? >> we'll foe by next saturday. i hope the two sides don't dig themselves in so solidly that you continue to have this republican-democrat confrontation. sometime within the next eight days or social we'll have to have republicans and democrats get together on something. >> greta: it seems a lot of this is ideology. so the democrats any if they give up on raising tabs they are unprincipled or backing off. and the republicans think if taxes go up they in some ways unprincipled. that's the problem. it is -- when it is ideology that divides them, how do you get them to compromise or come together? >> i've been in a lot of negotiations. frequently the way to a result is to say we can do as much as everybody would like. let's see if we can do this one bite at a time. we can agree on a. okay let's take that bite now chew it and swallow, digest it. and then the next bite and the next bite. pre
speaker boehner has a proposal. and the president is -- apparently he likes senator reid's proposal. are we going to get either one? >> we'll foe by next saturday. i hope the two sides don't dig themselves in so solidly that you continue to have this republican-democrat confrontation. sometime within the next eight days or social we'll have to have republicans and democrats get together on something. >> greta: it seems a lot of this is ideology. so the democrats any if they give up...
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Jul 30, 2011
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and still you like the boehner -- the boehner bill coming over here is going to be dead in the water coming over here. >> senator reid said he will bring it up immediately and they have the votes to kill it immediately. unfortunately, his bill does not have the kind of substance it in it in real terms. his will probably die in the senate as well. even though the votes will probably take them down the substance and content of them can easily be pieces of a deal coming together and i'm hopeful that we will be able to put that together in terms of getting a big deal that will help us take major steps. >> greta: when do we get the big deal that is going to correct everything in the government? >> i wish i could tell you it was last night or tonight but obviously has to be within the next couple of days. i believe there is a good chance because we simply can't get to a point where we go to a potential government shutdown or the threat of causing us to lose our triple-a rating simply because we would not deal with our debt ceiling. >> greta: you raise triple a rating and the two area for t
and still you like the boehner -- the boehner bill coming over here is going to be dead in the water coming over here. >> senator reid said he will bring it up immediately and they have the votes to kill it immediately. unfortunately, his bill does not have the kind of substance it in it in real terms. his will probably die in the senate as well. even though the votes will probably take them down the substance and content of them can easily be pieces of a deal coming together and i'm...
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Jul 27, 2011
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>> greta: suppose the boehner bill doesn't pass? members of congress had made s to vet you with you and you can peel off enough democrats what happens? >> you got default, -- [ talking over each other ] >> our plan or harry reid's plan. if nothing else, the harry reid plan is sitting there. harry reid does not have the vets now for that plan which is why it is so important -- have the votes now for that plan which is why it is so important. i was one who said months earlier, we can sustain two votes in the house. let's get all the cuts down now. the president said no, we need to raise taxes instead. we came back and said fine let's do this in mentally. we are going to insist that we -- do this incrementally. we are going to insist that we not increase without sufficient cuts. we don't want to give you a blank cheque. >> greta: what does he said when you say things like to him? >> he gets agitated. >> greta: i don't think he's wild about you now. >> i think we have a professional cordial relationship. again, i've been through this be
>> greta: suppose the boehner bill doesn't pass? members of congress had made s to vet you with you and you can peel off enough democrats what happens? >> you got default, -- [ talking over each other ] >> our plan or harry reid's plan. if nothing else, the harry reid plan is sitting there. harry reid does not have the vets now for that plan which is why it is so important -- have the votes now for that plan which is why it is so important. i was one who said months earlier,...
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Jul 26, 2011
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just because it is bigger than speaker boehner's plan is really the reason the boehner plan may trigger a downgrade. as we indicated, some investors, and this is a very subjective view of what would happen. think you could see the increase of a quarter percent to a half percent. if you remember, a year ago, when california had to issue those ious, california' rates go up half a percent to a percent. that a big increase and that happened even when they stopped paying the ious and stopped paying cash again. the long term implications stay with us even if the downgrade is very short. >> that translates into real money when all is that and done. glory yark you're getting more information on what we might be hearing. >> one of the interesting things coming from the administration to erin's point, they believe there is a possibility of a downgrade. not only because boehner's plan doesn't have as much deficit reduction about it means you have to come back again to this same debate six months down the line to have the question of whether you rayed the debt ceiling. that of course cause as lot o
just because it is bigger than speaker boehner's plan is really the reason the boehner plan may trigger a downgrade. as we indicated, some investors, and this is a very subjective view of what would happen. think you could see the increase of a quarter percent to a half percent. if you remember, a year ago, when california had to issue those ious, california' rates go up half a percent to a percent. that a big increase and that happened even when they stopped paying the ious and stopped paying...
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the president said it friday when he and boehner had broken up. the guyer used it during the sunday morning shows. i was on one. -- before i on he was talking about default. >> neil: what constitutes default? >> if you don't make one payment you've defaulted. if that happens, we have a real problem. everything is priced off the u.s. treasury bond. it is, -- if the u.s. treasury isn't money good what makes you think debt issued by a corporation is money good? >> neil: i'm just trying to think wayne. >> i'm never going to tell you. >> neil: neither side talking to the other now. there's a plan on the table to lay the day of reckoning. republicans want to keep a short leash on this to the end of this year. democrats led by harry reid with the blessing of the president something that would take us to the end of next year. will it be settled somewhere in the middle? >> probably. i think there's a good chance that we're not going to raise the debt ceiling by august 2nd. i think it is a really good chance. 80% chance that even if we do raise the debt cei
the president said it friday when he and boehner had broken up. the guyer used it during the sunday morning shows. i was on one. -- before i on he was talking about default. >> neil: what constitutes default? >> if you don't make one payment you've defaulted. if that happens, we have a real problem. everything is priced off the u.s. treasury bond. it is, -- if the u.s. treasury isn't money good what makes you think debt issued by a corporation is money good? >> neil: i'm just...
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Jul 29, 2011
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>> the significance of the boehner bill passing, that means house republicans, particularly john boehner himself, are still in the conversation. they're able to drive this conversation in a way they wouldn't have been able to if the bill had gone down. if it had gone down, it's entirely possible that the reid bill passes in the senate, and the house republicans are marginalized at that point. the differences between reid and boehner in that critical area, house republicans, republicans generally, have a voice. >> bret: karen? >> we've talked about grand bargains, big changes. what this is once again sort of kicking the can. it makes you wonder if the political system is now so broken that it is actually incapable of solving problems. >> i don't think it's incapable of solving problems. i think people ought to try incrementalism. republicans should remember what got democrats in trouble, they took a bite at the apple in healthcare. republicans said slow down. for the next few days, if we're going to meet this deadline, it's all about politics, deal-make, compromising, and horse trading. >
>> the significance of the boehner bill passing, that means house republicans, particularly john boehner himself, are still in the conversation. they're able to drive this conversation in a way they wouldn't have been able to if the bill had gone down. if it had gone down, it's entirely possible that the reid bill passes in the senate, and the house republicans are marginalized at that point. the differences between reid and boehner in that critical area, house republicans, republicans...
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Jul 27, 2011
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they need to get behind the boehner bill. the question is after the boehner bill was scrapped because it did not save enough money. the cbo said it saved $150 million. any debt ceiling would have to have larger spending cuts. the new bill will be on the floor tomorrow. the question remains whether or not boehner can get to 217 votes within his conservative house. why cantor and mccarthy, and these guys trying to push these things through. if the bill does not come out of the house as a deficit reduction eleme element, the republicans have lost their leverage. harry reid is watching this play out. mitch mcconnell believes there has to be a compromise because the republican bill doesn't have a chance on get through the senate. it will be vetoed by president obama. >> what do we know of the talk of the 20 or 30 day extension? >> reporter: that has been floated out there. obviously you heard from the white house saying they don't want to do that. it does reflect the political reality. a lot of folks don't believe they can make th
they need to get behind the boehner bill. the question is after the boehner bill was scrapped because it did not save enough money. the cbo said it saved $150 million. any debt ceiling would have to have larger spending cuts. the new bill will be on the floor tomorrow. the question remains whether or not boehner can get to 217 votes within his conservative house. why cantor and mccarthy, and these guys trying to push these things through. if the bill does not come out of the house as a deficit...
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Jul 28, 2011
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john boehner has a tough job. i think both the house and senate republicans have done a poor job in articulating what we want to accomplish. we have to outline principles to the american public. we are for a balanced budget and limited government. >> greta: you may disagree with some of them. they are within each party there are several plans to pick from. everyone doesn't have agreement. these parties are big tents. speaker boehner has a land that a lot of tea party people aren't wild about. tell me, if you were in the senate and speaker boehner's bill came to the senate, would you vote yes or no on it? >> i would not i've said from the beginning what we need to do is be focused. we have to focus on what we want to accomplish. the principles we want to accomplish is to balance the budget and limit the size and scale of government. there's only one continuing that does that as rand paul just said, the american public supports a balanced budget amendment. we can say mr. president, i'm happy to negotiate on cuts rig
john boehner has a tough job. i think both the house and senate republicans have done a poor job in articulating what we want to accomplish. we have to outline principles to the american public. we are for a balanced budget and limited government. >> greta: you may disagree with some of them. they are within each party there are several plans to pick from. everyone doesn't have agreement. these parties are big tents. speaker boehner has a land that a lot of tea party people aren't wild...
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that's the house plan proposed by speaker boehner. president obama has threatened to veto a similar plan a few days ago. something senate majority leader, mitch mcconnell urged him to re-evaluate. >> this weekend we offered the president a bipartisan proposal to avoid default so we could have the time we need to put together a serious plan for getting our house in order and he rejected it out of hand. congressional leaders of both parties have shown they're willing to work in good faith. i would suggest that the president reconsider their offer rather than veto the country into default. >> meanwhile, harry reid introduced a plan to cut the deficit by $2.7 trillion over the next decade, he proposes $1.2 trillion in spending cuts and would raise the debt limit through 2013. senator reid's plan also suggests the committee to find more spending cuts. more committees. speaking on the senate floor, reid bluntly challenged boehner to face down the more conservative aspect of his house, his caucus, by backing his proposal to raise the debt ce
that's the house plan proposed by speaker boehner. president obama has threatened to veto a similar plan a few days ago. something senate majority leader, mitch mcconnell urged him to re-evaluate. >> this weekend we offered the president a bipartisan proposal to avoid default so we could have the time we need to put together a serious plan for getting our house in order and he rejected it out of hand. congressional leaders of both parties have shown they're willing to work in good faith....
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the boehner bill is tabled. this means that the boehner bill is put aside. but just to explain, they are not killing that bill. they are going to use that bill as the vehicle by which they're going to send back a compromise that we still don't know the details of. we expect that that will be formed over the next day, and be sent back on the boehner bill but they will scrap out all the things that are in boehner, at least some of them and put it back to the house after a vote in the senate. that will be the vote to watch. likely early sunday morning, where it will need 60 votes to pass. depending on what that compromise is between now and then, that will determine whether there are enough votes in the u.s. senate to pass that back to the u.s. house of representatives. tonight, the effort has been tabled and the boehner bill essentially has been put on hold. put on ice, laura 59-41. >> laura: this is dramatic stuff, bret, thanks so much. james, like 59, they needed that one extra vote for the added assurance they didn't get it but harry reid did not waste any
the boehner bill is tabled. this means that the boehner bill is put aside. but just to explain, they are not killing that bill. they are going to use that bill as the vehicle by which they're going to send back a compromise that we still don't know the details of. we expect that that will be formed over the next day, and be sent back on the boehner bill but they will scrap out all the things that are in boehner, at least some of them and put it back to the house after a vote in the senate. that...
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boehner was just not being honest. he got his hat handed to him by a small minority in his own party. >> sounds like they would have better luck drafting for a time machine to go back to the 1950s. bob, i want to talk about speaker boehner. the senate weren't going to pass this bill ever. they already had the symbolic vote on the american balance act. how long do we have to continue to watch the political posturing without seeing anything definitive getting done? >> boehner is going to face a big decision assuming a compromise can come out of the senate. it will go back to the house. they'll have to decide whether to allow a vote. the whole blame for default will fall on the republican party. joe is right about what happened today. if you listen to boehner, and i guess you'll play the speech, it's lie after lie. there is nothing about jobs in this bill. he's not the president who said no. john boehner walked away from the talks. these folks are reaganites in name only. ronald reagan raise the debt limit 18, 19 times. i
boehner was just not being honest. he got his hat handed to him by a small minority in his own party. >> sounds like they would have better luck drafting for a time machine to go back to the 1950s. bob, i want to talk about speaker boehner. the senate weren't going to pass this bill ever. they already had the symbolic vote on the american balance act. how long do we have to continue to watch the political posturing without seeing anything definitive getting done? >> boehner is going...
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i wouldn't agree if i were boehner. >> if you were speaker boehner would you have gone to the white house as he did today after the president's nasty comments last night. >> yes, it is cool to the white house . you never know if there is not a change of mind or heart. you always leave yourself open for a good negotiation and a good correct change on the president's part. but i wouldn't agree with something that has a tax rate incroses . boehner is correct in not agreeing to it. i talk to the president and harry reid and nancy pelosi and mitch mcconnell. >> i think it is different than when ronald reagan would have bamentses with tip o'neil. >> we just got the tape n and you can see john boehner to the left and harry reid to the right. >> whata do you make of the fact he is there. >> i don't know. the personal stuff that i hear said by obama is very, very poor taste and surely not a way to do negotiations and that's not the way to do business . he is playing politics to be honest with you . talk about catastrophic and end of the world and major recession and downgrades, all of that is nons
i wouldn't agree if i were boehner. >> if you were speaker boehner would you have gone to the white house as he did today after the president's nasty comments last night. >> yes, it is cool to the white house . you never know if there is not a change of mind or heart. you always leave yourself open for a good negotiation and a good correct change on the president's part. but i wouldn't agree with something that has a tax rate incroses . boehner is correct in not agreeing to it. i...
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and that's why as sam says as dramatic as this is here tonight with boehner, and it's a test of boehner and whether the tea party will go along, et cetera, this is all the republicans' argument right now. >> sam, it seems to me there may well be an opportune moment somewhere in this process for the president to actually issue some specific veto threats. there is nothing that strengthens the image of a president more clearly than saying, this is what i will not accept. it is also an absolutely necessary guide post for legislating. knowing what the president will veto is crucially important to the legislative process. >> yeah. i don't think it's going to happen in this debt ceiling debate. but keep in mind we have a government shutdown debate impending in about a month and a half when the continuing resolution runs out. and after that, we have in a year and a half, the expiration of the bush tax cuts. by all stretches of the imagination, they won't get tax reformation done right now. so we'll have to deal with this when they set up this deficit reduction commission. so i think the one thi
and that's why as sam says as dramatic as this is here tonight with boehner, and it's a test of boehner and whether the tea party will go along, et cetera, this is all the republicans' argument right now. >> sam, it seems to me there may well be an opportune moment somewhere in this process for the president to actually issue some specific veto threats. there is nothing that strengthens the image of a president more clearly than saying, this is what i will not accept. it is also an...
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the boehner plan. the president said he would veto plan. the democrats have not put forward a plan the one harry reid is talking about is phony accounting and doubt and gutting our defense department so i don't like that either. we have fallen into the president's trap, in mypj opinion. he set an artificial deadline and that data fast if i, crisis, the same rhetoric he used to pass the stimulus, to bail out banks, insurance companies and call street. same rhetoric he used for obamacare and we are buying into this. fast. we take in 200 billion dollars a month. i think republicans in the house and senate need to regroup, lock themselves in a room, support one plan and put it on the president's desk. if he doesn't want it then any default will be on his shoulders. tell me why i'm wrong? wrong is because if we don't act within a few days, then anyone, including the person with the treasury department under the bush administration came over today that the markets will react. that the lack of confidence thro
the boehner plan. the president said he would veto plan. the democrats have not put forward a plan the one harry reid is talking about is phony accounting and doubt and gutting our defense department so i don't like that either. we have fallen into the president's trap, in mypj opinion. he set an artificial deadline and that data fast if i, crisis, the same rhetoric he used to pass the stimulus, to bail out banks, insurance companies and call street. same rhetoric he used for obamacare and we...
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he told them to hold back till boehner had his chance. hold back until the boehner bill came to the floor. that's all history now. the american people want us to move forward. they want us to come up with a bipartisan approach that doesn't have us relive this scene that we've seen for the past week over and over and over again, like the old groundhog day movie. we want to get this done in a way so that we can say the economy is going to move forward with a certainty that we're going to have a debt ceiling extension and we are not going to jeopardize it with this problem of self-imposed political problems and wounds that can be avoided. it's a shame. we waited all day. this morning senator reid went up to senator mcconnell on the floor and said, let's talk, let's work this out. nothing, nothing, all day long. not a word. and later, at the end of the day, a call from senator mcconnell, who said i'm not going to negotiate with you. that's unfortunate. the american people deserve better. and let me say one last thing -- if senator mcconnell w
he told them to hold back till boehner had his chance. hold back until the boehner bill came to the floor. that's all history now. the american people want us to move forward. they want us to come up with a bipartisan approach that doesn't have us relive this scene that we've seen for the past week over and over and over again, like the old groundhog day movie. we want to get this done in a way so that we can say the economy is going to move forward with a certainty that we're going to have a...
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boehner thinks that's a good idea. throwing people off of medicaid when we already have 50 million people without insurance, mr. boehner sthis that's a good idea. we have differences of opinion. every poll i've said, wolf, says the american people want shared sacrifice. they do not want to balance the budget on the backs of the elderly, the sick, the children or the middle class. >> would you be open to some sort of deal that the president might work out with the house speaker in order to avoid this august 2 default deadline, a deal by which there would be significant spending cuts right now, but any tax increases would be punted? would be kicked way down the road in order to get it passed? are you open to that? >> no. that would be a disaster. and again, a proposal like that is what the american people have said over and over again. only a small minority of people apparently right here in washington, d.c., think that it makes sense to attack social security when social security hasn't contributed one nickel to our def
boehner thinks that's a good idea. throwing people off of medicaid when we already have 50 million people without insurance, mr. boehner sthis that's a good idea. we have differences of opinion. every poll i've said, wolf, says the american people want shared sacrifice. they do not want to balance the budget on the backs of the elderly, the sick, the children or the middle class. >> would you be open to some sort of deal that the president might work out with the house speaker in order to...
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boehner's proposed plan will come through the house? will be voted on and be a success through the house? >> i don't know. i give the speaker a lot of credit for continuing to try to craft something, put some solution together, but to me, we can do better, but it is just not good enough and we can do better. >> will you vote for it? >> no, i can't, martin. what i voted for was what ivo voted for last week. the house passed a historic piece of legislation that cut spending and would get us toward a balanced budget amendment which with republicans and democrats in some form support. that is what -- go ahead. >> mr. walsh, we can add your name then to the five republicans who have already said they won't vote, and that means that we are down to what, boehner can only afford to lose 22, so that's down to what? how's your math? >> i was never a strong math student, martin. so i'm not a head counter, but all i know is that we can do better, and we have to do better. and if it means that we go a day or two or three beyond august 2nd to get thi
boehner's proposed plan will come through the house? will be voted on and be a success through the house? >> i don't know. i give the speaker a lot of credit for continuing to try to craft something, put some solution together, but to me, we can do better, but it is just not good enough and we can do better. >> will you vote for it? >> no, i can't, martin. what i voted for was what ivo voted for last week. the house passed a historic piece of legislation that cut spending and...
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listen to john boehner. he did the conservative radio show the laura ingram show this morning and he's talking about how some of these guys simply don't think getting to default without a plan is a horrible thing. >> well, first, they want more. and my goodness, i want more, too. secondly, a lot of them believe that that if we get past august the 2 sxnd we have enough chaos we can force the senate and the white house to accept a balanced budget amendment. i'm not sure that that -- i don't think that strategy works because i think the closer we get to august the 2nd frankly the less leverage we have vis-a-vis our colleagues in the senate and the white house. >> if democrats came here with a specific promise and they were then told -- some of these guys were pressuring the house guys before they even had their vote on their plan, you have to compromise. they're keeping their promises. what's wrong with that? >> no. this is startling. on a couple of different fronts. i assure you the american people didn't vote
listen to john boehner. he did the conservative radio show the laura ingram show this morning and he's talking about how some of these guys simply don't think getting to default without a plan is a horrible thing. >> well, first, they want more. and my goodness, i want more, too. secondly, a lot of them believe that that if we get past august the 2 sxnd we have enough chaos we can force the senate and the white house to accept a balanced budget amendment. i'm not sure that that -- i don't...
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i was grateful last week when leader boehner, speaker boehner said we are bringing this back down to the capitol, we pass the legislation and the president decides what he wants to sign. regular order is your friend in this situation. this debate should have always been at the capitol, always been at the committee rooms and been on the floor of the house for people to see. behind closed doors is no way to run this process. >> sean: when you guys in the house passed the right bill, >> sean: when you guys in the house passed the right bill, cut, cap and balance and we had competing bills in the senate i thought it cut the legs out for what could have been better for the country. so you going to vote no on the bill, am i assuming like everybody else here the reason the bill has been postponed is that the speaker is shy a number of votes here? >> that would seem to be the case. i would tell you as the bill stands today i cannot support it. for some very common sense reasons and i grew up in a single parent household and i know that there are women out there working 16 hours a day trying
i was grateful last week when leader boehner, speaker boehner said we are bringing this back down to the capitol, we pass the legislation and the president decides what he wants to sign. regular order is your friend in this situation. this debate should have always been at the capitol, always been at the committee rooms and been on the floor of the house for people to see. behind closed doors is no way to run this process. >> sean: when you guys in the house passed the right bill,...
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speaker boehner says, here is a plan. pass it, send it to the president and we're done. >> well, the speaker knows that is not the way it's going to work. the house knows it's not the way it's going to work. because his plan is fundamentally flawed. he was put on notice yesterday with a letter with 53 senators signing it saying, we are not signing it. but they took a whole day, to make a political posturing position. now, the reason it's noft going to pass is because it's not in the interest of the country. it has a short term debt ceiling. and that could result in a downgrading of our credit and it doesn't provide the serenity to the marketplace that republicans have been saying we need to give the marketplace. for that and other reasons, it requires the passage of a constitutional amendment. it's not going to pass. and we will be in a forced grid lock. >> let me stop on that. reid's plan would raise the debt ceiling through the presidential election mvb and jeff flake just standing here, six-term republican said that he
speaker boehner says, here is a plan. pass it, send it to the president and we're done. >> well, the speaker knows that is not the way it's going to work. the house knows it's not the way it's going to work. because his plan is fundamentally flawed. he was put on notice yesterday with a letter with 53 senators signing it saying, we are not signing it. but they took a whole day, to make a political posturing position. now, the reason it's noft going to pass is because it's not in the...
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boehner could even get his own party to support it. in a speech last night, he tried to selling his vision to skeptical republicans by pinning the blame on the president. >> i'll tell you, i gave it my all. unfortunately the president would not take yes for an answer. >> mr. speaker, it's your party, they said no, no to the reid plan, no to the president's grand bargain, no to the gang of six plan, no to mcconned's plan b. last night the president challenged americans to send a message to republicans, saying no is not a policy. >> so i'm asking you all to make your voice heard. if you have a balanced approach, let wlur member of congress know. if you believe we can solve this problem through compromise, send that message. >> and america has responded. capitol hill phones are lighting up. 40,000 calls went in during the lunch hour today, and web sites for boehner, michele bachmann, and jim demint all crashed because of heavy traffic. americans are speaking. will republicans listen? joining me now is valerie jarrett, assistant to the pre
boehner could even get his own party to support it. in a speech last night, he tried to selling his vision to skeptical republicans by pinning the blame on the president. >> i'll tell you, i gave it my all. unfortunately the president would not take yes for an answer. >> mr. speaker, it's your party, they said no, no to the reid plan, no to the president's grand bargain, no to the gang of six plan, no to mcconned's plan b. last night the president challenged americans to send a...
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speaker boehner could lost as many as 24 votes. the house gop leadership will now make changes to the bill. house rules committee will have an emergency meeting tonight. the bill will be changed, and speaker boehner will try again tomorrow. earlier tonight senator john mccain said what this vote means for house speaker john boehner. >> this is really his leadership of the republicans in the house, and being speaker is clearly at stake here if he can't bring his people along. >> it has been a day of confusion for republicans everywhere, not just on capitol hill. republican senior strategist rush limbaugh is worried that the democrats might be outsmarting the republicans by tricking them into trying to move the boehner bill. limbaugh is not sure exactly how the republicans should vote on the boehner bill. that's how wild the confusion is on this. listen to rush limbaugh. >> the problem then becomes republicans refuse to compromise, which is what the democrats want all along. meanwhile, republicans think by dumping this in reid's lap
speaker boehner could lost as many as 24 votes. the house gop leadership will now make changes to the bill. house rules committee will have an emergency meeting tonight. the bill will be changed, and speaker boehner will try again tomorrow. earlier tonight senator john mccain said what this vote means for house speaker john boehner. >> this is really his leadership of the republicans in the house, and being speaker is clearly at stake here if he can't bring his people along. >> it...
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so that's it, jay, we had -- the senate has disposed of the boehner bill, the short-lived boehner bill. i don't think i've seen a house bill passed and then defeated in quite such a quick period of time in one evening. does the president think that there is a way for him to stay out of this? if mcconnell wants him in, does that mean the white house wants to stay out? >> i think the white house -- and, you know, behind the scenes a lot of politicians have said to me in both chambers the president's presence hasn't been helpful in these negotiations. he elevates it to a point where, you know, it's so high up you can't really discuss behind closed doors, you really need to sort of -- a lot of this has to be done through staffers, through getting the basic kind of details of the bills nailed down, and elevating it to that level isn't that helpful, especially when reid and mcconnell have negotiated so many bills together, know each other so well, have a comfortable relationship. boehner and obama have negotiated, but those fell apart twice. and so, i mean, having the president in the room h
so that's it, jay, we had -- the senate has disposed of the boehner bill, the short-lived boehner bill. i don't think i've seen a house bill passed and then defeated in quite such a quick period of time in one evening. does the president think that there is a way for him to stay out of this? if mcconnell wants him in, does that mean the white house wants to stay out? >> i think the white house -- and, you know, behind the scenes a lot of politicians have said to me in both chambers the...
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if harry reid uses just the boehner bill number and erases everything with boehner and replaces it with him, then that save as step and allows them to have this process i described and get this possibly to, back to the house for another vote before it hits the president's desk by monday. >> understood. but it may not even resemble that which came out of the house. >> reporter: kinecorrect. other than the actual number that john baoehner has. the only thing. if harry reid, he has to do it with his bill first, that adds day of legislative calendar cha chaos. >> thank you for that report, chuck todd. >>> joirn joining me now, simon hobbs. speak to me how markets are reacting? >> the market believe there's will be a default, that everybody would be that stupid to threat go that far, the nuvsness is palpable. look at the dow jones industrial average we've lost the best part of 600 points over the last six sessions. more than 4.5%. a huge amount of activity behind the scenes. technical activity to deal with the process of a default for 20 wall street bank, with the treasury today. yesterday a
if harry reid uses just the boehner bill number and erases everything with boehner and replaces it with him, then that save as step and allows them to have this process i described and get this possibly to, back to the house for another vote before it hits the president's desk by monday. >> understood. but it may not even resemble that which came out of the house. >> reporter: kinecorrect. other than the actual number that john baoehner has. the only thing. if harry reid, he has to...
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the boehner bill died in the senate. they will make a plea saying we don't know what the president wants to sign. one gop told me congress is motionless right now. the president just announced through his office of management and budget he would be willing to sign the reid bill. it is more jockeying for position. you expect the democratic response saying the republicans are not working. they are out of touch. they are not willing to budge off their position. as this goes on and goes on, you're going to see a backlash in the country just looking at d.c. and saying, okay, we have this economy, as you heard senator udall say is quite fragile. we are playing these partisan games with it. >> luke, stand by one second here. we've got mike viqueira at the white house with news for us. >> reporter: a little bit of news here. our crack producer on the senate side reporting to me in an e-mail a moment ago harry reid on his way to the white house. if that turns out to be true, we have no reason to believe it is not, it would be sig
the boehner bill died in the senate. they will make a plea saying we don't know what the president wants to sign. one gop told me congress is motionless right now. the president just announced through his office of management and budget he would be willing to sign the reid bill. it is more jockeying for position. you expect the democratic response saying the republicans are not working. they are out of touch. they are not willing to budge off their position. as this goes on and goes on, you're...
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you did or did not support speaker boehner's bill? >> i voted no, sean. >> sean: that it what i thought. let me explain to people. all the plans that we are talking about here, there is not one of them that solves or attacks the real problem because next year spending goes up 7.5%. the year after we spend 7.5% more. the year after we spend 7.5% more. so am i correct in explaining this meaning the baseline? >> that's correct. the baseline continues to go up at about 7%. >> sean: and you were suggesting and i have been pushing this plan as you know all week because i think we have got to deal with reality here. they are spending too much money. country is going bankrupt. we will have $25 trillion in debt. i like cut, cap and balance and i like your bill. you are saying if we freeze spending at 2011 levels for six years and then cut 1% a year. i want you to say it if your own words? >> thank you very much, sean. also, senator marco rubio just signed on to the bill. picking up momentum and more members of the house. what the bill does is
you did or did not support speaker boehner's bill? >> i voted no, sean. >> sean: that it what i thought. let me explain to people. all the plans that we are talking about here, there is not one of them that solves or attacks the real problem because next year spending goes up 7.5%. the year after we spend 7.5% more. the year after we spend 7.5% more. so am i correct in explaining this meaning the baseline? >> that's correct. the baseline continues to go up at about 7%....
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you did or did not support speaker boehner's bill? >> i voted no, sean. >> sean: that it what i thought. let me explain to people. all the plans that we are talking about here, there is not one of them that solves or attacks the real problem because next year spending goes up 7.5%. the year after we spend 7.5% more. the year after we spend 7.5% more. so am i correct in explaining this meaning the baseline? >> that's correct. the baseline continues to go up at about 7%. >> sean: and you were suggesting and i have been pushing this plan as you know all week because i think we have got to deal with reality here. they are spending too much money. country is going bankrupt. we will have $25 trillion in debt. i like cut, cap and balance and i like your bill. you are saying if we freeze spending at 2011 levels for six years and then cut 1% a year. i want you to say it if your own words? >> thank you very much, sean. also, senator marco rubio just signed on to the bill. picking up momentum and more members of the house. what the bill does is
you did or did not support speaker boehner's bill? >> i voted no, sean. >> sean: that it what i thought. let me explain to people. all the plans that we are talking about here, there is not one of them that solves or attacks the real problem because next year spending goes up 7.5%. the year after we spend 7.5% more. the year after we spend 7.5% more. so am i correct in explaining this meaning the baseline? >> that's correct. the baseline continues to go up at about 7%....
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the boehner plan has that. the hard trigger in the boehner plan is you don't get another debt limit increase until you do this. i think the way those two can be melted together, first and foremost, we've got to see the house vote on the boehner plan, got to deal with that one way or the other in the senate. i would like to see us pass it in the senate. you may be right, i think the democrats are unifying against it. but that is going to force us to figure out from that point forward, go back to the drawing board and determine how we get this thing done but it's got to happen soon and it's going to require i think a meaningful commitment to spending reform, spending reductions and a pathway to entitlement reform before you are going to get much republican support for it. >> john thune, thanks so much, senator. thanks for joining us. >>> the sounds of silence. who is missing in action on the debt ceiling debate? the politico briefing up next. >>> in just a few minutes, at 1:30 eastern, speaker john boehner holds
the boehner plan has that. the hard trigger in the boehner plan is you don't get another debt limit increase until you do this. i think the way those two can be melted together, first and foremost, we've got to see the house vote on the boehner plan, got to deal with that one way or the other in the senate. i would like to see us pass it in the senate. you may be right, i think the democrats are unifying against it. but that is going to force us to figure out from that point forward, go back to...
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leader boehner -- sorry, we're still waiting for leader mcconnell and speaker boehner to move even a little bit in our direction. >> so that was harry reid explaining why the senate has rejected john boehner's bill which went through the house earlier. we'll get straight back to wolf blitzer. a couple of things struck me from what the democratic senator was saying. one was it's not politics as usual. the other is it's time to behave like adults which seemed ironic given it's exactly politics as usual and none are behaving much like adults. >> they don't have a lot of time. it's got to be done by tuesday. looks like they're going stretch it out until the bitter end. it's going to go saturday, sunday, the asian markets again will open sunday night east coast time here in the united states. monday in asia. already the u.s. markets will reopen monday morning. so this clock is ticking. as you know, for six days, the markets in the u.s. have gone down, wall street down the worst week in more than a year in the united states. that could be the tip of the iceberg if they don't get something
leader boehner -- sorry, we're still waiting for leader mcconnell and speaker boehner to move even a little bit in our direction. >> so that was harry reid explaining why the senate has rejected john boehner's bill which went through the house earlier. we'll get straight back to wolf blitzer. a couple of things struck me from what the democratic senator was saying. one was it's not politics as usual. the other is it's time to behave like adults which seemed ironic given it's exactly...
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you did or did not support speaker boehner's bill? >> i voted no, sean. >> sean: that it what i thought. let me explain to people. all the plans that we are talking about here, there is not one of them that solves or attacks the real problem because next year spending goes up 7.5%. the year after we spend 7.5% more. the year after we spend 7.5% more. so am i correct in explaining this meaning the baseline? >> that's correct. the baseline continues to go up at about 7%. >> sean: and you were suggesting and i have been pushing this plan as you know all week because i think we have got to deal with reality here. they are spending too much money. country is going bankrupt. we will have $25 trillion in debt. i like cut, cap and balance and i like your bill. you are saying if we freeze spending at 2011 levels for six years and then cut 1% a year. i want you to say it if your own words? >> thank you very much, sean. also, senator marco rubio just signed on to the bill. picking up momentum and more members of the house. what the bill does is
you did or did not support speaker boehner's bill? >> i voted no, sean. >> sean: that it what i thought. let me explain to people. all the plans that we are talking about here, there is not one of them that solves or attacks the real problem because next year spending goes up 7.5%. the year after we spend 7.5% more. the year after we spend 7.5% more. so am i correct in explaining this meaning the baseline? >> that's correct. the baseline continues to go up at about 7%....
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. >> last night house speaker boehner called conservatives to his office one by one. but he can't get the votes he needed to pass his bill. one republican left boehner's meeting saying he was battered and blooded i, but still no. >> on in the house is a disgrace, it is an outrage. >> the republicans are holding hostage the credit of the united states of america. >> today boehner's back at it again, but time's running out. we're at the white house and luke russert is covering capitol hill. we've just gotten a note here, luke, that staff in the house of representatives are getting the warning that the house telephone circuits are again near capacity following on the president's request they they call their lawmakers and pressure them to get a a bipartisan solution. where do we stand on that? >> reporter: once again the president said call your member of congress during his address to the nation. ehe said it again. he showed it's reflected on populous. but here's what we can report. about 10:00 a.m. the house gop met. john boehner said he would alter the bill by adding a
. >> last night house speaker boehner called conservatives to his office one by one. but he can't get the votes he needed to pass his bill. one republican left boehner's meeting saying he was battered and blooded i, but still no. >> on in the house is a disgrace, it is an outrage. >> the republicans are holding hostage the credit of the united states of america. >> today boehner's back at it again, but time's running out. we're at the white house and luke russert is...